Did Wall Street’s top players admit they were wrong? BlackRock’s CEO Larry Fink recently made a public statement: his past negative views on Bitcoin were a mistake. Even more incredible, the world’s largest asset management company he runs is now raking in huge profits from its Bitcoin ETF—this product has become one of the most lucrative stars in their lineup.

From publicly talking down to personally joining in for a piece of the action, this move is a textbook case of “if you can’t beat them, join them.”

**Why is this worth paying attention to?**

**Attitude shift backed by real money**
Fink isn’t just talking. After BlackRock’s spot Bitcoin ETF launched, capital has kept pouring in, with the market voting with real wallets. When the numbers speak for themselves, even the most stubborn skeptics have to shut up.

**Traditional finance has already quietly gotten on board**
If the world’s largest asset manager is making money from crypto assets, can you still say this is just a niche game? The facts are clear: Bitcoin is being institutionalized and regulated, shifting from a fringe asset to a portfolio option.

**The signal is even more significant**
Fink’s statement is worth more than a hundred research reports. For traditional funds still on the sidelines, this is practically an official seal of approval: entering now is nothing to be ashamed of.

Looking deeper, this isn’t just Fink’s personal shift in perspective, but a microcosm of Wall Street’s collective pivot. JPMorgan, Goldman Sachs, and other major banks have long since moved from skepticism to strategic positioning. The success of the Bitcoin ETF may just be the prelude to a new round of institutional bull markets.

Do you think this is a genuine “aha” moment for the giants, or a calculated move to cash in on the trend?